Speculation on future iPhone models begins shortly after Apple releases a new handset, and having had the iPhone 4 since June 2010, iPhone 5 rumors, clues, and supposed sightings are in their prime. The Wall Street Journal was one of the first trusted sources to report about the possible physical design of the new iPhone, confirming an edge-to-edge glass screen. They also claimed that this sleek, all-screen look would make it’s way to a smaller, “Nano” addition to the iPhone family, and at half the price of the full scale model. Apple is also rumored to be thinning the iPhone 5 by means of a tapered design, which sees the phone body unbelievably thin, but with a graduated thickness toward the top of the device. Equipped with the recently announced new OS, iOS 5, and an expected speedy new processing power, the next generation iPhone is said to be with us as soon as September.

The image above shows a basic concept of what Apple may have cooking.